Here’s what happened in Gold today…

Market Recap For Wednesday, May 28th 2014

Stocks finished slightly lower today, ending the recent 4 day rally. During the session the S&P pushed to a new all-time high before retreating and ending the day in negative territory.

The S&P ended the day down approximately 2 points and the DOW finished the session 42 points lower.

With a short trading week and quiet economic calendar, there’s been little to move the markets. With tomorrow’s preliminary GDP release that could change.

Markets To Watch

Markets To Watch

Gold (GC) continued its decent and triggered a  Power Crossover Method Sell Signal today with a move through 1263.1.

Using the Power Crossover ADR exit we’ll look for a move down to $1221.1 to take profits.

This Week’s Economic Calendar

This Week’s Economic Calendar

Real Time Economic Calendar provided by

Power Crossover Signals

Power Crossover Signals

The signals above are derived based on the rules of our Power Crossover Method.

Rockwell Trading Club - DVD 27: Power Crossover Strategy

Click here if you would like to learn more about the Power Crossover Method.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown above. The past performance of any trading system or methodology is not necessarily indicative of future results. Have a great trading week!

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